It was only the second championship for Grindavik, 16 years after the side had first captured the title.

Gudfinsson had then lifted the trophy as a player.

"It has been way too long since we won the title the last time" the coach said after the game.

"It is always good to win for your hometown," he added.

"I have to congratulate Grindavik. Their plan worked out. They put together a great squad for this season and Helgi got them to play together like a real team" stated Thor head coach Benedikt Gudmundsson after the game.

Thor were writing a new chapter in the basketball history of Iceland, being the first rookie team in the league to make it to the finals.

"No one was expecting anything from us in the beginning of the season, but that changed after the first few games" said Gudmundsson